Coinsilium Group Raises £1.25 Million for Bitcoin Treasury Initiative
Coinsilium Group (COIN:AQSE) has raised £1.25 million to establish its bitcoin treasury initiative. This announcement coincided with a record trading volume, with 14 million shares traded, and a 24% increase in share price, now at £0.04.
- Coinsilium became the first blockchain firm to IPO in 2015.
- The raise aims to enhance its bitcoin treasury strategy.
- Other companies, including Strategy and Metaplanet, have also pursued similar initiatives.
- The U.S. Government announced plans to stockpile BTC in March.